Crypto Contest March 6: SHIKOKU

in blurttradinghub •  last year 

SHIKOKU (Uniswap: SHIKWETH) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, SHIK began a red wave one advance in November 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in January this year and the red wave two (blue sub-waves a-b-c) correction ended in February. If this wave count is correct, SHIK should be heading next towards the January peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

SHIKOKU is a decentralized memecoin experiment. MicrocapCrypto Daily reviewed the project two months ago.

(Sources: https://www.shikoku.io/)

How Will SHIKOKU Trade?

SHIKOKU (Uniswap: SHIKWETH) daily chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

SHIK will takeout the January 2023 peak

SHIK will drop below the December 2022 low

SHIK will stay in a trading range between the December 2022 low and the January 2023 peak until April 12

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  

SHIK will takeout the January 2023 peak

SHIK will drop below the December 2022 low

SHIK will stay in a trading range between the December 2022 low and the January 2023 peak until April 12.

SHIK will takeout the January 2023 peak